Global Automotive Heaters Market Size study, by Component (Heater Core, Blower Fan, Others) By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecasts 2022-2032
Global Automotive Heaters Market is valued approximately USD 9.89 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2024-2032. Automotive Heaters refers to devices installed in vehicles to provide warmth and regulate cabin temperatures, ensuring passenger comfort in various weather conditions. These heaters play a crucial role in defrosting windows, preventing fogging, and maintaining a comfortable environment for occupants during cold weather. Furthermore, rising integration of smart heating controls and predictive algorithms were gaining attention towards Global Automotive Heaters Market. These systems optimize cabin heating by pre-conditioning the interior while the vehicle is charging, enhancing energy efficiency, and ensuring passenger comfort. Smart heating controls and predictive algorithms help automotive manufacturers optimize battery performance while providing a comfortable cabin environment. These marker trends highlight the industry's commitment to innovation and sustainability, addressing both efficiency and user experience in automotive heating systems.
The Global Automotive Heaters Market is driven by rising focus on energy-efficient heating solutions and the growing number of electric vehicles across the world. Automotive heaters in electric vehicles represent a critical component of the vehicle's thermal management system. Unlike traditional internal combustion engine vehicles that utilize waste heat from the engine for cabin heating, electric vehicles (EVs) rely solely on electric-powered heaters to maintain cabin comfort. In addition, electric vehicles often come equipped with advanced electronics and connectivity features. This enables the integration of smart heating controls that can be remotely operated or automatically adjust heating settings based on factors like outside temperature, occupant preferences, and battery status. However, high cost associated with automotive heaters and weather disruptions is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the Global Automotive Heaters Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia Pacific was the largest regional market owing to increasing demand of passenger vehicles in the region. According to India Brand Equity Foundation, the Indian passenger car market was valued at USD 32.70 billion in 2021 and projected to reach up to USD 54.84 billion by the year 2027 at a staggering growth of more than 9% in between 2022 and 2027. The increasing demand for passenger vehicles often drives technological advancements in automotive heating systems. Manufacturers strive to develop more efficient, reliable, and sophisticated heating solutions to meet the evolving needs of vehicle owners. This can include advancements in heating elements, control systems, and integration with other vehicle components. Furthermore, the market in Europe, on the other hand, is expected to develop at the fastest rate over the forecast period 2024-2032.
Major market player included in this report are:Cebi Luxembourg S.A.
Texas Instruments Incorporated
Skyworks Solutions, Inc
Webasto SE
MAHLE GmbH
Smiths Group plc
Thermotion, LLC
Eberspächer Gruppe GmbH & Co. KG
Denso Corporation
Valeo SA
The detailed segments and sub-segment of the market are explained below: By Component
Heater Core
Blower Fan
Others
By Vehicle Type
Passenger Cars
Commercial Vehicles
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
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